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Violence at Town Hall Meetings Could Escalate
Date:8/14/2009

to astronomical levels.

If you are employed by a company and do not participate in an employer based health insurance plan, you are only allowed to deduct health care expenses that exceed 7.5% of your adjusted gross income on your personal tax return. However, if your employer provides health insurance for you, they can deduct 100% of the health insurance costs.

If the government ended tax incentives for businesses to provide health insurance to their employees and allowed individuals to deduct 100% of their health insurance costs on their own, Americans will be able to take home higher wages and purchase their own health insurance plans. With millions of people looking to purchase health insurance, free market forces would create more competition in the health insurance industry and drive health care prices down.

Obama is looking to do the opposite of this. By the government providing health insurance on its own at below market costs, they will drive the competition out of health care and create chaos. The most talented doctors will no longer want to work in the industry and the quality of health care will deteriorate. Government price controls have never fixed anything, just ask the people of Zimbabwe. Free market forces are more efficient than clueless politicians in Washington 100% of the time.

We will be attending multiple town hall meetings and health care protests in the weeks ahead and bringing to you footage of these events on our video page."

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SOURCE National Inflation Association
Copyright©2009 PR Newswire.
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